At some point during your disability claim, your insurance company may offer a lump-sum settlement. This can take the form of a one-time payout or a structured settlement that provides periodic payments that will end sometime in the future. In either case, payment of the settlement will terminate the insurance company’s responsibilities to you.Deciding whether to accept a lump-sum settlement is a highly individualized matter. For some people, a settlement is in their best interests. Others are better off rejecting the offer and continuing to draw disability benefits.

Contact DarrasLaw for a free initial consultation about a lump-sum settlement offer.

Settling With Insurance Companies — Yes or No?

“Should I accept a lump-sum disability insurance settlement?” At DarrasLaw, we are frequently asked that question. Only a thorough and comprehensive analysis can provide an answer.

An attorney at DarrasLaw can review your case and advise you of your best course of action. Some of the many issues we will review could include:

  • Your future medical needs, fluctuation of care and treatment
  • The length of time you will be eligible for benefits if you do not accept the offer
  • How close you are to retirement and eligibility for Medicare/Medicaid
  • Your eligibility for workers’ compensation or Social Security Disability benefits
  • The potential effects of offsets
  • How the insurance company is calculating the net present value of your future benefits

Based on these and other factors, we can provide you with the objective advice you need to make a sound decision about the offer. If a settlement is right for you, we may make a counteroffer seeking better terms.

DarrasLaw is nationally recognized as America’s top disability law firm. We stand ready to provide you with advice and representation that can protect your rights.

Free Consultation With a Lawyer

For a free initial consultation about your case, contact DarrasLaw.

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Why Choose DarrasLaw?

DarrasLaw brings more than 30 years of passionately representing disabled people against every insurance carrier.

Best of the Best

DarrasLaw is America’s Most Awarded and Honored Disability Law Firm.
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Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
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